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62 Wellington St Sioux Lookout, Ontario P8T 1E1

$140,000

This exceptional vacant commercial lot in an up-and-coming area of Sioux Lookout offers a prime opportunity for investors and business owners. Spanning approximately 66 ft x 150 ft, this fully cleared and level lot is located between a discount variety store and an engineering and architecture office, ensuring consistent foot and vehicle traffic. Situated near a busy gas station and surrounded by popular stores and drive-throughs, the lots area benefits from some of the highest traffic volumes in Sioux Lookout. Essential services such as municipal sewer and water, hydro, internet, and phone lines are readily available adjacent to the lot, facilitating a swift and efficient development process. Over the past decade, this area has seen significant commercial growth, evolving into a vibrant mixed-use neighborhood. This trend underscores the lot’s potential for a high return on investment, with successful businesses already thriving nearby. Notable landmarks and attractions, including the town beach, Sioux Side Hill, the Travel Information Center, and a historical caboose and engine display, draw both locals and tourists, further boosting the visibility and appeal of any business established here. Sioux Lookout would benefit from unique clothing stores, international food markets or restaurants, fitness facilities, equipment retailers, furniture stores, toy stores, and baby stores among other things. The existing demand for these types of businesses suggests a lucrative opportunity for new ventures to fill these market gaps. Whether you envision a trendy boutique, a specialized grocery store, a family-friendly eatery, or any other commercial enterprise, this lot offers the perfect foundation. Don’t miss out on securing a spot in one of Sioux Lookout’s most dynamic and sought-after commercial corridors. Act now to make this prime location the home of your next successful business venture. For more information or to schedule a viewing, please contact us today! (id:56452)

Property Details

MLS® Number TB241363
Property Type Vacant Land
Community Name Sioux Lookout
Communication Type High Speed Internet

Building

Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Sewer Municipal Sewage System
Size Depth 150 Ft
Size Frontage 66.0000
Size Irregular 0.23
Size Total 0.23 Ac|under 1/2 Acre
Size Total Text 0.23 Ac|under 1/2 Acre

Utilities

Cable Available
Electricity Available
Telephone Available

https://www.realtor.ca/real-estate/26921925/62-wellington-st-sioux-lookout-sioux-lookout

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